GoodFriend Management Executive Summary
GoodFriend Management is a New York City based self-storage company that develops, acquires, and manages self-storage in the metro New York market. Over the past twenty years, the organization has operated more than 70 facilities totaling 5 million square feet of rentable storage space in areas such as New York, New Jersey, Washington D.C., Connecticut, and Chicago. GoodFriend Management’s properties are modern, state of the art, climate controlled facilities. The organization’s architectural types include ground-up construction and retrofits, which includes both multi-story and ground-level. Some of their properties have included storage for specialized items such as business documents, wine and high end collectable cars.
With its local presence in the market, GoodFriend Management gains an edge on competing for sites and creating opportunities through mixed-use development. They showcase their expertise in a very challenging market which solidifies themselves as one of the benchmark leaders in the industry. The true keys to GoodFriend’s success are its local knowledge, its experience and track record in the development process, and a “hands-on” approach to management. GoodFriend will continue to grow as a successful and profitable self-storage platform through development and acquisitions; focusing on the urban markets in the New York, New Jersey and Connecticut areas.
After fifteen years of owning and operating the Storage Post platform, GoodFriend Management launched the GoodFriend Self-Storage brand and added seven locations throughout the New York metro market. GoodFriend has recently built and acquired three additional facilities and completed another three ground-up developments with joint venture partners. GoodFriend looks to continue as one of the premiere Self-Storage owner/operators in the market under the GoodFriend Self-Storage flag.
Marc Slayton, President & CEO
Marc received a degree in Business from Boston University in 1988. After 10 years in commercial real estate with firms such as Beitler Commercial, Newmark & Company and a NYC urban retail family office, he founded Post Management Self-Storage, a Metro New York-focused development, acquisition and management Self-Storage platform. Over the past 20 years, the company has developed, acquired and managed over 70 properties totaling more than five million rentable square feet of Self-Storage space. Marc was one of the first to introduce the multistory, climate control Self-Storage concept to the New York market and is regarded as one of the leaders in the space. Over the years, Marc has accumulated a vast amount of industry knowledge and an unmatched Tri-State Self-Storage network.
John Eapen, Chief Financial Officer
John received his Master’s in Accounting from Kerala University and Corporate Tax Certification from New York University. John has more than 25 years of experience in accounting and financial reporting. He started his professional career as a Quality Controller at Chase Bank. He then became the Vice President of The Nippon Credit Bank, Ltd, where he was responsible for Accounting and Tax. He followed that with a move to the ORIX USA Corporation where he became the Vice President in charge of the Accounting Department. John then took the Chief Accounting Officer title at GAM a Subsidiary of Union Bank of Switzerland. John joined Post Management in 2013 and is responsible for the company’s financial management, financial reporting, business planning, budgeting, and human resources.
George Hristodoulou, Chief Operating Officer
George received his BA from Purdue University and his MBA from the University of Rochester, Simon School of Business, with a concentration in Strategy and Finance. He also received a certification in Revenue Management from Cornell University. George has over 20 years of experience with finance, real estate and operations and is responsible for the daily operations of the company. Prior to joining the team at Post Management, George worked in Corporate Finance and Real Estate at The Vitamin Shoppe, Acquisitions at Acadia Realty Trust, and Finance, Revenue Management and Operations at Storage Post. George went on to become the Director of Finance, Real Estate and Field Operations at Ashley Stewart, and followed that by becoming the VP of Property Management at HUBB NYC, a Manhattan real estate company.
David Braham, Real Estate Acquisitions
David Braham has been active in New York real estate since graduating from Columbia College in 1979. David owned and managed The World of Golf, one of the most successful golf retailers in the country for many years. For the last 5 years David has been a residential broker in New York City with Halstead Real Estate. He has a deep knowledge of New York City real estate current market trends as well as outstanding valuation skills.
Brian Fernandez, Senior Accountant
Brian received a BBA in Economics from Baruch College. After 8 years of working for Prudential Real Estate Affiliates, Inc., a Fortune 500 Company, Brian joined Post Management as a Senior Accountant. Brian has been with the company since June 2017. He prepares the financial statements for the entire portfolio, assists with budgeting, cost analysis, and a variety of property management functions.
Bradley Weiner, Operations & Revenue Analyst
Brad received a BS in Accounting and BS in Supply Chain Management from the University of Maryland. After earning his degrees, Brad worked for Zapkin & Loeb as a Tax Accountant and Auditor. He later went on to work for First Service, the largest Property Management company in North America, as a Property Accountant and Financial Analyst. Brad joined the team at Post Management in December of 2016 and has expertise with creating reporting efficiencies and VBA programming.
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